136 Grouse Cir, Westcliffe, CO 81252

STRAW BALE HOME For Sale Colorado Rocky Mountains 5.28 Forested Acres - $245,000 by Owner/Builder The Hard Work is Done The Home is Livable, Needs Finish work. $45K Sweat Equity Earns You $110K Equity Cash Buyer, 10% discount (not the usual 5%) Owner Financing: $145K Down, 2%, $450 Month 136 Grouse Cir. Westcliffe CO 81252 Available Spring of 2025 Appointment Required This is a straw bale home, not a conventional home. While this is a partial house description, the full house description needs to be read before making an appointment. Contact me to obtain a Full House Description, and I will send you the entire document. Priority will be given to buyers with a letter of Pre-Approval Financing, Pre-qualification, and Cash Buyers who have read this Full House Description. I presently live in the home and require a day or more notice to show the house. Upon request, I will arrange an open house for SB enthusiasts. Please understand that I do not have time to show the house to every interested party. Feel free to drive by. Introduction The house is fully functional and livable. I am the builder & owner of this straw bale home and own this house outright (no mortgage). I have built three straw bale houses in this area and have worked on several other straw bale projects. This house was built as my home; this means I put in extra quality work and features. The heavy construction is complete, about 80%; some finish/detail work remains. Since this house is functional and completely livable, you can move in immediately and live there as you finish it. Nothing immediate is required, so you can complete the projects when convenient. It would take a full-time person about one month to complete the house. Equity-wise, you could hire out the work and still come out ahead. While crime and rent prices escalate, buying a home in Custer County makes safe sense. Home prices in the country are lower, and our county jail recently closed due to too little crime. Sweat Equity: House Completion Cost is Estimated at $45K. $45,000 gets you $110,000. As an incentive for the $45,000 sweat equity, I subtracted $110,000 (not $45,000) from the ‘finished’ home price of $355,000 (detailed later). This not only dramatically lowered the house's cost to $245,000, but it will also generate a 275% return on your sweat equity and expenses. In effect, your $45,000 investment and sweat equity will not only earn back your initial $45000 but also instantly add $80,000 in home equity, totaling $110,000. This will bring the home’s value to $355,000. There is no well installed yet, and some electrical, plumbing, and light construction remains to be completed. The sweat equity offer has two equal phases. One requires an investment of $15K for installing a water well, and the other is $25K in sweat equity for light construction. Neither requires immediate attention, as alternatives are in place. They can be performed at your convenience. Summary… (1) I used the lower estimated home values to assess the value of this home at $245,000. (2) At this time, I am passing on the proposed 15% increase in the Straw Bale Home Value to the buyer. (3) $110,000 was deducted from the finished-house estimate of $ 355,000. $45,000 of sweat equity/investment will earn an additional $80,000 in equity, or a total value of $110,000. (4) I'll guarantee that your well will hit water, or I'll pay half the drilling cost, up to $7,500, if you drill a well within the first three months and no water is discovered. (5) Rural Water Well Financing is available for up to $15,000, with a 1% interest rate and a 20-year term, requiring no credit check and no collateral. (6) Cash Buyers receive a 10% discount instead of the customary 5%. Financing with 50% plus down may be possible. The home’s price of $245,000 is the equivalent of what it would cost today to build this home to its current state of construction.